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Date/Time: Mon, 25 Nov 2024 04:45:50 +0000

Post From: Diagonal footprint/Volume imbalance & diagonal Delta

[2014-02-16 01:24:47] Link To Thread - Link To Post [Go To First Post]
Al SC Developer - Posts: 434
In 1093, there are two new background coloring options in the Numbers Bars study: Dominant Side and Dominant Side Auction. These are similar to same named text coloring options, but affect the background color instead of the text color. The bid & ask are divided and the result compared with the compare thresholds to set the colors based on the percentage of each (i.e. bid=200 ask=400 -> b/a=50% on bid side and a/b=200% on ask side). Using the thresholds, one of the colors is selected. Note, we will updating the documentation for these new options. Use the Dominant Side Auction method to compare diagonally.